PPP Loan information for Dan porter motors, inc.

$545,000

Dan porter motors, inc. was initially approved for PPP Loan of amount $545,000, the current approved amount is $545,000. The loan was approved on 04/03/2020 by The Cornerstone Bank reported 39 jobs and $545,000 was used to fund payroll.

Dan porter motors, inc. is Existing or more than 2 years old

PPP Loan Search / ND / DICKINSON / Dan porter motors, inc.

DAN PORTER MOTORS, INC.

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

DAN PORTER MOTORS, INC.

Borrower Address

2391 I94 BUSINESS LOOP E

Borrower City

DICKINSON

Borrower State

ND

Borrower Zip

58601-7128

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

545000.00

Current Approval Amount

545000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DICKINSON

Project County Name

STARK

Project State

ND

Project Zip

58601-7128

CD

ND-

Jobs Reported

39

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8000.00

Payroll Proceed

487000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

538076.25

Forgiveness Date

11/09/2020

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